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  • Report:  #860303

Complaint Review: Litton Loan Svc - west palm beach Florida

Reported By:
confusedabit - oregon city, Oregon, United States of America
Submitted:
Updated:

Litton Loan Svc
po 24737 west palm beach, 33416 Florida, United States of America
Phone:
18007462936
Web:
Categories:
Tell us has your experience with this business or person been good? What's this?
Late august 2011 I recieved a 1099-c in mail from litton loan saying they cancelled my debt of $38000 for my 2nd mortgage that I was in default on for over a year. I immediately then started recieving bills in the mail for me to pay the same debt to Ocwen. I called the # provided and there didnt seem to be any type of live help. I never have made a payment to ocwen since I thought I owed taxes instead. Now on Mar 26 2012 I recieve in mail a corrected 1099-c from litton loan in an ocwen envelope. Im glad I had not filed my taxes yet.
I have read volumes of litton loan shadyness complaints and now have my own. What are they up to now with this? I guess I may need a lawyer to figure this one out. What do I owe and to who?
How many others got 1099-c and then NOT when they did or didnt send a corrected 1099-c with a 0 in box 2?


1 Updates & Rebuttals

bergmanmd1

Grandview,
Missouri,
United States of America
Ocwen 1099-c

#2Consumer Comment

Mon, March 11, 2013

Ocwen rewrote my home loan after my chapter 7 and they insisted on a balloon payment at the end of my loan.  Because I disputed the balloon payment as it was undisclosed as to the amount, I finally got one of the loan officers to verbally tell the amount of the undisclosed balloon payment amount.  It was $25,XXX thousand and some change.  Then at tax time I received a 1099-C from Ocwen which claimed Ocwen had canceled $25,XXX thousand and some change from my debt.  

Now I have checked into this and it is illegal for Ocwen to do this and I am looking for other people who have had the same thing happen.  Then we can report Ocwen to the IRS and collect from the whistleblower act.  Please contact me at (((email redacted))) if you would like to get Ocwen for breaking the law.  We must prove at least $2,000,000 in false reporting before the IRS will do anything about it.

CLICK here to see why Rip-off Report, as a matter of policy, deleted either a phone number, link or e-mail address from this Report.

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